HAVE YOU THOUGHT ABOUT WORKING WITH AN ONLINE COMPANY? READ THIS FIRST!

Selecting the right company can be a very tedious task and knowing what to look for is essential. I'll be outlining a few critical components to look at.

This information may take you off guard, but this is ultimately about putting the odds of success in your favor.

There are literally thousands of options that we have available to us. Every company says they have the best compensation plan and the best products, but how do you really know the picture they're painting is true and accurate?

The information I'm about to share with you may make you feel a bit uneasy...or even put knots in your belly. Please take a moment now to print this information. It could prove to be the most pertinent business decision you've made at this point in your home business career.

Critical Component #1:

 

How long has your business been in business?
 
Studies indicate that approximately 60% of businesses are out of business within there first 2 years. With these types of numbers, it's essential that you make sure your business has been around for a while. I would recommend selecting something that has a minimum of a 5-year track record.

It's even better if you can find a solid publicly traded company with good products. This way, all of the financial statements, officer information, supplier information, etc. is all public record and you  can visibly view documents that have been generated by legitimate accounting firms. You want something stable and for the long haul.

The last thing you want is that you spend countless hours building your business from scratch and build your check up to 10,000.00 per month only to watch the business collapse. This is a miserable feeling. Especially, when you're supporting your family.

 

Critical Component #2:

 

What is the background of the company officers?
 
If there's one single item that could dramatically have an impact on how well the company does it's the quality of the management and in particular, the decision-making minds of the company. You're looking for people that are true leaders who have had major accomplishments.

If someone was a general manager for a roller skating rink for 9 years and now they're the CEO of an enterprise I would run for the door as fast as my legs would take me there. Look for a management team that has already contributed to dramatic growth with their prior ventures.

People who have tapped into new markets, brought a new product to the market place or someone who has taken a small company nternationally. These are critical elements that should be addressed when you're selecting a home-based business. Do you want to be part of something where the leadership has already demonstrated sound leadership skills and qualities.

Look for an established team that has already proved themselves based on the things they've accomplished.

 

Critical Component #3:

 

Does the company have exclusive products?
 
This is one of the most important variables that any company can possess. This is absolutely essential. Honestly, do you want dozens of other companies marketing the same or similar products and services that you're marketing? Of course not.

Look for products that are trademarked and cannot be duplicated or replicated by any other company for the duration of the patent. This again, falls back on the quality of the management. Regardless of what you're marketing, the product itself doesn't have to be unique, but the important thing is how the product does what it does needs to be legally protected.

 

Critical Component #4:

 

Are you truly passionate about the company's products?
 
This is paramount. This is how you get paid. By moving or selling product. If you're strictly involved with the company because their compensation or payout is like no other, bluntly put, from a business stand point, you've probably made a big mistake.

Enjoying your products and being passionate about them is essential. So many times we make the mistake of getting caught up into how uch the company pays out that we forget what the business is essentially all about. Don't businesses become successful by selling a lot of product, tons of it? That's how the goldmine is made. Not by focusing on how much money you can make.

Your attention should be geared towards "How much can you help others?" 

Are you passionate about providing others with what they have a want or need for? The more you do this and the more you take care of others, the more your pocket book will be lined with Franklin's. The first priority you have is to truly be passionate about what it is you're selling.

 

If it's a gifting or pyramid scheme I would tell you to run. Run as fast as you possibly can.
 
Greed takes you nowhere. On the other hand...helping others find the products and services that they're in need of accomplishes more than you can imagine and you will be rewarded monetarily like you can't imagine. The theory of Giving-Is-Receiving is rewarding for all who participate, incredible concept with success that is inevitable.
 
I sincerely hope you've enjoyed this information. In the near future I'll be discussing different and exciting information. This is completely designed to benefit you and your business.
 
I've been exactly where you're at now. I can still recall looking under sofa cushions and under our seats in our vehicles to find .75 cents to fill our belly with a hot dog. I know the pain.

I know the frustration. It's not a fun spot to be in.  If there's anything I can provide you and embed you with is...stick with it.
 
Be persistent and NEVER give up.
 
Keep your head in the game.

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